How Do You Know How Much Equity You Have?
EQUITY = LEVERAGE
Leverage for what?
Your next home or real estate investment.
How do you know how much equity you have in your home?
It’s simple:
Current value of your home
MINUS
Current loan balance
EQUALS
Home equity
And how do you know what your home is currently worth?
Hint: online estimators that start with Zillow won’t give you a full picture.
The best way to determine the current value of your home is to compare recent sales, current market trends and weigh the specifics of your home.
Only a local real estate expert can advise you on the current value of your home and an effective pricing strategy that will get you the most for your home if you sell.
If you’d like to better understand what your home may sell for — and what homes your current equity could help you upgrade into — let’s set up a time to talk.
Just shoot me a DM and we can have a no pressure, private conversation.
Info@ModeREGroup.com or 916-230-0371 to text
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